Wednesday, 3 November 2021

USD/JPY Trades in Bull Flag Formation Ahead of FOMC Rate Decision

USD/JPY may attempt to break out of a bull flag formation if the Federal Reserve starts to scale back monetary support.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...